The Company manufactures, supplies & distributes a range of rail products, including rail joints, rail anchors, railway friction management products & systems, railway wayside data collection and data management systems and freight car securement systems.
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HR6003, if passed, could cause a big surge of changes in the American railroad industry. Part of the bill will penalize freight carriers for delaying Amtrak. This and other new regulations are going to drive demand for current and future Portec products.